Ontario's power glut means possible nuclear plant shutdowns

[FBaggins]

56. In order to be an "avoided" cost it first must be a cost that would otherwise be paid.

There is no basis to claim that these companies would (or should) carry more than the tens of billions of dollars in insurance that they carry... and every reason to think that it would be less than that.

They haven't avoided anything... and therefore have no competitive advantage.

Furthermore, you intuitively know this to be true, or you would have an answer for some very simple questions. How much insurance should a large hydro-power dam carry? Come on... a major dam failure could kill tens of thousands of people and do many billions of dollars in damage. Should they be required to carry that much insurance?

In order to claim that risk is "transfered to the public sector", you must first show that it wouldn't otherwise be there. That simply isn't the case.